Data from the Statistical Bulletin for the fourth quarter of 2025 published by the Capital Market Authority revealed that Saudi Arabia’s public equity market continues to attract companies seeking to raise funds through stock market listings.
The number of existing applications to the authorities has reached 45 for companies aiming to list on the Saudi Stock Exchange by the end of 2025.
According to the data, the number of listing applications on the parallel market “Nom” has reached 28, and the number of applications on the main market “Saudi Tadawul” has reached 17, with the parallel market “Nom” accounting for the largest share of applications.
strong rise
In the fourth quarter of last year, authorities approved the public offerings of eight companies, including four in the primary market and four in the parallel market, at a time when regulators are moving towards greater selectivity, data shows, with the number of rejected applications reaching three in the final quarter of 2025.
Over the past year, Saudi companies have raised about $4.2 billion, but only two of the 10 largest IPOs exceeded their public offering prices. This reflects the company’s performance in the previous year, which saw a significant increase in new stock prices at the time of listing.
Statistical preliminary data for the fourth quarter of 2025 published by the Capital Market Authority reveals that Saudi Arabia’s public equity market continues to attract companies seeking to raise funds through stock market listings.
The number of pending initial public offering requests to the authorities has reached 45 from companies aiming to list on the Saudi financial market by the end of 2025.
According to the data, the parallel market “Nomu” accounts for the largest share of requests, with 28 listing requests submitted compared to 17 requests in the main market “Tadaul Saudi Arabia”.
significant increase
In the fourth quarter of last year, the regulator approved proposals from eight companies, including four in the main market and four in the parallel market, but data shows that the number of rejected requests reached three in the final quarter of 2025, with the regulator aiming for a more sophisticated selection.
Last year, Saudi companies raised about $4.2 billion, but only two of the top 10 IPOs exceeded their public offering prices, reflecting the performance of the previous year, when new shares saw strong gains upon listing.
